195 Liverpool StreetHobart TAS 7000
Property Details for 195 Liverpool St, Hobart
Last Listing description (April 2023)
Knight Frank, together with Raine & Horne are privileged to offer for sale the investment of one of Hobart's best known hotels.
The hotel first opened in 1823 as the Britannia Hotel. This was changed a couple of years later to the Vine Tavern.
In 1886 it became the Shamrock Hotel. The original building is still standing, however it now has an art deco facade, which was added in the 1930's.
Today the Shamrock Hotel is a charming traditional inner city pub. No bells and whistles, no gaming, just a comfortable unpretentious hotel with open fireplaces and lovely lead light windows.
Due to its prime CBD location and lack of hotel competition, the business is a proven performer with consistently high revenue over a long period. The current tenants are well known in the industry and from August 2022 they signed a long term lease of 10 years with 3 further options of 5 years.
The building is sound, the business is strong, and the lease is advantageous for the landlord. There is the added incentive of a redevelopment clause built into the lease, allowing for future development prior to the lease expiry. This can only be invoked by the landlord
This is a fantastic opportunity to purchase prime Hobart CBD real estate, with a secure and long lease with the opportunity to further develop.
Call the undersigned for more information today.
Property History for 195 Liverpool St, Hobart, TAS 7000
- 14 Mar 2023Sold for $4,000,000
- 10 Feb 2023Listed for Sale For Sale By Expressions of Interest
- 02 Apr 2007Sold for $1,103,160
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0About Hobart 7000
The size of Hobart is approximately 2.1 square kilometres. There are 10 parks, covering nearly 4.8% of the total area. The population of Hobart in 2016 was 2296 people. By 2021 the population was 3390 showing a population growth of 47.6% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation.In 2021, 27.40% of the homes in Hobart were owner-occupied compared with 26.40% in 2016.
Hobart has 3,102 properties. Over the last 5 years, Houses in Hobart have seen a -3.04% decrease in median value, while Units have seen a -0.14% decrease. As at 31 July 2026:
- The median value for Houses in Hobart is $1,055,615 while the median value for Units is $795,401.
- Houses have a median rent of $690 while Units have a median rent of $650.
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